PARLIAMENTARY WRITTEN QUESTION
Teachers: Workplace Pensions (17 April 2024)
Question Asked
Asked by:
Sarah Green (Liberal Democrat)
Answer
As part of the competition of the Music Hubs programme, Arts Council England informed potential bidders on 15 June 2023 that department funding would be made up of the revenue and capital grants only, and that there would not be additional funding to contribute to the cost of the Teachers’ Pension Scheme (TPS) for Music Hub lead organisations that are not local authorities from September 2024. The Arts Council also published indicative allocations for the 43 new Music Hub areas.
In light of the increase in employer contributions to TPS from April 2024, the department will take steps to determine the level of employer liability across all the newly appointed Hub Lead Organisations from September 2024. This has not been possible until recently, as applicants were informed of the outcome of the Music Hubs Investment Programme on 8 April 2024. The department will then work with Arts Council England to set final Music Hub grant allocations for the 2024/25 academic year and, as part of this work, due consideration will be given to additional pension pressures due to the increase in employer contribution to the TPS.
Answered by:
Damian Hinds (Conservative)
22 April 2024
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